Recent data released by the Ministry of Planning and International Cooperation, has highlighted the repeated shocks to the YER exchange rate. The report stated reasons were difficulties in physical foreign currency transfers and reduced foreign currency reserves. The update also highlighted reduced donor development support as a priority inmitigating the impending crisis. Despite the establishment of UNVIM in February, this has yet to be operationalised. Imports remain highly variable with unconfirmed reports of the coalition continuing to block commercial vessels.
The UNSG Envoy to Yemen said that a nationwide ceasefire is to begin on April 10 in advance of April 18 peace talks in Kuwait. The ceasefire is intended to allow humanitarian access to all affected areas. Meanwhile, the WFP warns of looming famine in nearly half of Yemen